https://www.taxtmi.com/circulars?id=57297 Where a refinery supplies petroleum gases through continuous dedicated arrangements and the recipient retains part for manufacture while returning the remainder, GST is payable by the refinery only on the net quantity retained; returned quantities become taxable when supplied by the refinery to another person. This net-billing rule applies mutatis mutandis to similar feedstock retention-and-return supplies. en-us Thu, 09 Aug 2018 00:00:00 +0530 Fri, 10 Aug 2018 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57297 Where a refinery supplies petroleum gases through continuous dedicated arrangements and the recipient retains part for manufacture while returning the remainder, GST is payable by the refinery only on the net quantity retained; returned quantities become taxable when supplied by the refinery to another person. This net-billing rule applies mutatis mutandis to similar feedstock retention-and-return supplies. Circulars GST Thu, 09 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57297